X, owned by Elon Musk, is building a “Smart Cashtags” feature planned for release in February to show real-time cryptocurrency and stock price movements and to surface smart contract details, mentions and related news, said Nikita Bier.
“X is the best source for financial news — and hundreds of billions of dollars are deployed based on things people read here,” she added and said the team will collect feedback before the public roll-out in February.
Concept screenshots shared by Bier tease a possible in-app trading workflow with visible “Buy” and “Sell” buttons, though the company gave no timeline or technical details about trading.
The platform previously offered a Cashtags feature in December 2022 that displayed Bitcoin and Ether charts sourced from TradingView and included a “View on Robinhood” link.
X has secured money transmitter licenses in at least 25 U.S. states, but it is unclear how close the company is to enabling payments or crypto-based transfers. A request for comment to X did not receive an immediate response.
The announcement followed complaints from the crypto community that legitimate crypto content was being suppressed while spam proliferated in feeds; Bier later responded to that backlash in a now-deleted post calling the criticisms a myth, said her post.
Elon Musk also said his team plans to make the platform’s recommendation algorithm open-source within the next week, stated his post.
